Three significant trends mark the last decade in corporate governance, and they have only accelerated over time: (i) the dismantling of structural provisions that some shareholders believe insulate directors from accountability; ...
Such a situation could lead to weakness in those companies, including corporate governance issues, says Stéphane Garelli, founder of the IMD World ...
The third element is that it's a movement — a group of like-minded ... I also think that the role of advisory boards is becoming more and more useful...
This is not an abstract philosophical question. Boeing forced out its CEO, Dennis Muilenburg last week. Muilenberg had played a major role in overseeing the development and production of the Boeing 737 Max, a plane which was recently involved in two major crashes, resulting in hundreds of deaths. Following these crashes, and the grounding of the plane in March, evidence has come out that Boeing did not take seriously many safety issues that were raised by people working on the plane...
General counsel and chief legal officers who have the added role of corporate secretary should familiarize themselves with corporate governance and U.S. Securities and Exchange Commission filings and regulations...
As the world battles climate change, homelessness and income inequality, CEOs are still bound by investors and profits...
A good start with six down, and only three more to go to complete the board refill. Accountability, integrity, and good corporate governance at the top is ...
Profits aren't the be-all and end-all of business, according to the chief executives of JPMorgan Chase & Co., the Coca-Cola Company, General Motors Co. and other members of the Business Roundtable group of American bosses...
The unprecedented punishment of Major League Baseball’s Houston Astros is a wake-up call to general counsel, not just in sports but in every industry, to make sure the compliance message is reaching all employees...
Casper's task now is to convince prospective investors that the company can ... officer, moves likely intended to strengthen its corporate governance...
Shareholder engagement continues to be an important consideration for companies in communicating their long-term strategy and deepening relationships with their investors, and boards are becoming ever more involved in the process...
(BLOOMBERG) - In what's billed by local media as the " divorce of the century ", the chairman of South Korea's third-largest conglomerate could wind up surrendering up to US$1.2 billion (S$1.6 billion) of his shares to his aggrieved wife. Chey Tae-won has good reason to worry that judges won't look kindly upon him: He's already started a second family with a glamorous American-Korean internet sensation, not to mention his wife is the daughter of former President Roh Tae-woo...
We are living in unprecedented times: geopolitical tensions are increasingly acute; the global political, economic and financial system that has worked for more than a century is being tested. Corporates worldwide are now expected to stay on the front foot, working closely with policymakers and regulators to confront far-reaching global challenges...
Tesla Inc. shares have been on a tear since October, when the electric-vehicle maker posted a surprise third-quarter profit and said its Model Y will launch months ahead of schedule. After surging to another record close Tuesday, the stock climbed as much as 6% on Wednesday, boosting the company’s market value to more than $88 billion — more than Ford Motor Co. and General Motors Co. combined...
An activist shareholder that once demanded the sale of Campbell Soup Co. now is complimenting the firm's management. What changed? Campbell's stock ...
If anyone questions whether corporate America lacks diversity, the fact that there only four black CEOs in the Fortune 500 — Merck’s Kenneth Frazier, TIAA’s Roger Ferguson, Tapestry’s Jide J. Zeitlin, and Marvin Ellison of Lowes — should serve as proof of that fact. The Executive Leadership Council is a non-profit organization aiming to diversify America’s workforce by helping blacks become C-suite level executives...
For all the lip service that corporate executives pay to the principle of honoring shareholder rights and interests, it’s not uncommon for them to signal that their lives would be easier if they didn’t have to deal with busybody investors...
... primary mission is to maximize shareholder value and that their efforts as CEO have reliably centered on this principle of corporate governance .
I've been following Bill Ackman (Trades, Portfolio) carefully over the past several years. Ackman was once considered to be one of the best investors in the world, but in the wake of the Valeant scandal, he lost this crown...
We were never fans of SB 826, the law that went into effect last week requiring publicly traded companies based in California to add women to their corporate boards or face heavy fines. Diversity on corporate boards and in C-suites is extremely important, but the idea of a government-set quota was troubling from the start — and legally questionable as well...
According to Activist Insight, the majority of shareholder activist campaigns in 2019 were waged against companies with market capitalizations below $2 billion, and most of those overtures involved corporate governance issues...
Las Vegas has a reputation for excess and non-stop entertainment, but Las Vegas Strip-based companies are increasingly stepping up as responsible global citizens. This may be surprising to those who think of Las Vegas as “Sin City,” but we are pioneering corporate cultures that embrace a commitment to society that extends beyond simply serving customers and growing bottom lines...
Weeks after resigning as Secretary of Energy, former Texas Gov. Rick Perry has rejoined the board of directors overseeing the Dallas pipeline ...
Going into the new decade, there is a need to review the role that the Board of Directors plays in the modern corporation as things move faster and as ...